John Bogle: 15 top quotes from an investment legend

The investment industry has lost a true legend in the shape of John Bogle.

The Vanguard founder, who passed away yesterday aged 89, created the industry's first index fund back in 1975.

‘Jack Bogle made an impact on not only the entire investment industry, but more importantly, on the lives of countless individuals saving for their futures or their children's futures,’ Vanguard CEO Tim Buckley said in his tribute to Bogle.

Bogle became one of the biggest critics of mutual funds, often criticising the fees investors had to fork out for these vehicles.

In a world where investing got increasingly complex during rapid technological change, Bogle’s approach to investment remained remarkably simple and attracted a cult following. In 2017, legendary investor Warren Buffett described Bogle as his ‘hero’.

Bogle authored a number of books over the years, offering a fascinating insight into his mind. We highlight 15 of his greatest quotes, many of which appeared in these books.

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'The creation of Vanguard and its truly mutual (fund-shareholder-owned) structure has been the so-far-single counterexample to this pattern. I explain why this structure has worked so well, and why it must ultimately become the dominant structure in the industry'

John C Bogle (2012), The Clash of the Cultures: Investment vs Speculation.

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'The mistakes we make as investors is when the market's going up, we think it's going to go up forever. When the market goes down, we think it's going to go down forever. Neither of those things actually happen. Doesn't do anything forever. It's by the moment.'

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'I believe that the behaviour of too many of our corporations, investment bankers and fund managers has jeopardized some of the trust that investors have had. It's not the economic engine that we need to focus on, but the need to make sure that our investors receive their fair share of the returns that that great economic system produces.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Leave a comment!

The investment industry has lost a true legend in the shape of John Bogle.

The Vanguard founder, who passed away yesterday aged 89, created the industry's first index fund back in 1975.

‘Jack Bogle made an impact on not only the entire investment industry, but more importantly, on the lives of countless individuals saving for their futures or their children's futures,’ Vanguard CEO Tim Buckley said in his tribute to Bogle.

Bogle became one of the biggest critics of mutual funds, often criticising the fees investors had to fork out for these vehicles.

In a world where investing got increasingly complex during rapid technological change, Bogle’s approach to investment remained remarkably simple and attracted a cult following. In 2017, legendary investor Warren Buffett described Bogle as his ‘hero’.

Bogle authored a number of books over the years, offering a fascinating insight into his mind. We highlight 15 of his greatest quotes, many of which appeared in these books.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

The investment industry has lost a true legend in the shape of John Bogle.

The Vanguard founder, who passed away yesterday aged 89, created the industry's first index fund back in 1975.

‘Jack Bogle made an impact on not only the entire investment industry, but more importantly, on the lives of countless individuals saving for their futures or their children's futures,’ Vanguard CEO Tim Buckley said in his tribute to Bogle.

Bogle became one of the biggest critics of mutual funds, often criticising the fees investors had to fork out for these vehicles.

In a world where investing got increasingly complex during rapid technological change, Bogle’s approach to investment remained remarkably simple and attracted a cult following. In 2017, legendary investor Warren Buffett described Bogle as his ‘hero’.

Bogle authored a number of books over the years, offering a fascinating insight into his mind. We highlight 15 of his greatest quotes, many of which appeared in these books.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

'The creation of Vanguard and its truly mutual (fund-shareholder-owned) structure has been the so-far-single counterexample to this pattern. I explain why this structure has worked so well, and why it must ultimately become the dominant structure in the industry'

John C Bogle (2012), The Clash of the Cultures: Investment vs Speculation.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Leave a comment!

'The mistakes we make as investors is when the market's going up, we think it's going to go up forever. When the market goes down, we think it's going to go down forever. Neither of those things actually happen. Doesn't do anything forever. It's by the moment.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Leave a comment!

'I believe that the behaviour of too many of our corporations, investment bankers and fund managers has jeopardized some of the trust that investors have had. It's not the economic engine that we need to focus on, but the need to make sure that our investors receive their fair share of the returns that that great economic system produces.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

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